Bitwise submits SEC filing for spot Sui ETF as competition with 21Shares intensifies
Bitwise has filed a Form S-1 with the US Securities and Exchange Commission to launch the Bitwise Sui ETF, aiming to track the spot price of Sui, the native token of the Sui Network. The move comes after similar SUI ETF filings from Canary Capital and 21Shares, while the SEC has already approved a 2x leveraged SUI ETF and other crypto ETF products in 2025. Bitwise has also added SUI to its 10 Crypto Index ETF and continues to expand its crypto ETF lineup, including spot Bitcoin, Ether and XRP funds.